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Stock Market & Financial Investment News

News Breaks
May 23, 2012
06:00 EDTSTD, BBVASpanish PM to ask ECB to help finance debt, DJ reports
Mariano Rajoy, Spain's Prime Minister, is expected to today ask the European Central Bank to buy Spanish sovereign debt, which it hopes will fix the country's liquidity problems and guarantee the stability of the euro zone, Dow Jones reports, citing comments made in El Mundo. Reference Link
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May 16, 2013
12:32 EDTBBVAEU bank stress test delayed until 2014 by regulator
The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link
May 13, 2013
06:49 EDTBBVAECB member says negative deposit rates would help economy, Reuters says
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May 9, 2013
10:08 EDTBBVAOn The Fly: Analyst Upgrade Summary
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05:35 EDTBBVABanco Bilbao upgraded to Buy from Hold at Societe Generale
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